What would have to happen within this hobby to cause you to stop collecting coins?
braddick
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What would have to happen within this hobby to cause you to stop collecting coins?
peacockcoins
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Within the hobby? Nothing.
Outside the hobby....
I will never lose interest unless my sight gets too bad to examine coins properly.
Everything imo negative has already happened and I am still here. The hobby will out last anything and everything. Humans love to collect trinkets and trinkets seems to appreciate naturally over time. Name a hobby that can make you money at times
Old(er) age?
Dave
When counterfeit coins become undetectable.
When the judge orders your cheating wife gets to own half of what you own!
"When they can't find anything wrong with you, they create it!"
I'm not sure about stopping completely but at some point when the world goes crypto there will be fewer options for collecting. That may drive up prices for whatever remains.
If someone bought all the collectible coins and then there was nothing left for me.
Colored enamel regular mint issues....
Nah I would just continue buying old stuff from ebay
How would you know??
Unless 1804 Dollars become common
R I P the day I die but my coins are already happily with the next 2generations of our family Nothing can change that but accident or incident or act of God🤓
🎶 shout shout, let it all out 🎶
if classic commems ever pick up I'm done
When others lose interest then I would definitely lose interest. Who wants to own something that nobody else wants? My interest has waned in the last couple of years largely because nobody else in the family could care two frogs from Friday about owning most of them. So at my age why continue to pump money into them?
If they are undetectable, how will you know when that happens?
Nothing. Boredom and apathy however…
The only thing I can really think of is if I got priced out of things I thought were cool. With that said, if that happened, my current collection would be worth a fortune (which is most certainly is not).
I was essentially forced out due to being allergic to nickel and the vast majority of my collection being clad era. I literally couldn't handle my coins, even with gloves on. I've found a workaround since then but it's not quite the same...I'm not in it like I used to be.
Everything being too overpriced would play a factor. Let's be real, what we are collecting are little metal discs stamped by the thousands, usually. Most of them are not rare regardless of what the price guides may make you believe. So many if not most are too expensive in my opinion. Not taking age into account there, remember I'm mostly modern collecting.
Couple that with the fact that this is somewhere between my 3rd and 5th string hobby. It fluctuates, but it will likely never rank higher than third most important to me, so it's not like I prioritize spending my hobby budget here.
If the major grading companies change their grading systems to a 100 point scale to generate revenue from older slabbed coins being resubmitted for regrading, I'm going to start collecting something else.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Death, fwiw
When CAC starts engraving their logo on the actual coin & people pay a premium for it.
My Saint Set
I love coins. Nothing will cause me to stop.
I agree with Johnny - when I found myself in the Obituary column, I'll stop collecting.
Member ANA, SPMC, SCNA, FUN, CONECA
Agree with PerryHall--a 100 point grading system would get me out of collecting certified coins.
Check out some of my 1794 Large Cents on www.coingallery.org
CROAK!
Coins are, for me, items of interest and certainly a hobby. I do not really concern myself with things that occur within the public hobby sector. Grading, TPGs, FPG's, stickers etc., etc., etc.. Sure, I have slabbed coins, I also have raw coins.....No one else in the family, at this time, is interested in coins (even nephews have 'graduated' to females - at least for a few years). So, the answer is, if I stop collecting, it will be a personal choice, not an external influence. When it comes to such issues in any area, IDGAFRA what others do or think.
Cheers, RickO
I doubt there is anything within the hobby that would get me to stop collecting. However, there are things that may change what I collector or how I collect.
That was my initial thought. But then I realized that if counterfeiting advanced to that level, I’d enjoy collecting the counterfeits, as long as they were priced accordingly.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Yea changing to grading scale would piss me off, but I’d just keep what I have, not resubmit, and not buy into the new slabs
I can imagine a few scenarios not just for me , but for most . Some have been already mentioned.
Counterfeits become so good they become undetectable and start slipping through TPG as authentic .
In very near future the market has downsized so much by lack of new collectors that liquidity is a big problem .
TPG come up with a new grading scale to persuade collectors/dealers to resubmit all their slabbed coins .
Unknown heavy handed gov interference that could negatively impact hobby . Let your imagination run wild .
The only two things I can think of are 1) When I get priced out of the market, and 2) three days after I'm placed six feet underground.
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
Three possible issues that would affect my collecting, being priced out (this is actually happening), a TPG money grab 100 point scale system (would stop me from buying slabs and switch to raw again), and government interference, which these days seems very real.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
If ebay ever pulled the plug.
I'm down to almost exclusively buying one larger Latin series. But if this happens, it would be the nail in the coffin on me buying practically anything else, especially US.
Increased grading fees re-enforce my decision not to buy low priced raw coins I bought previously. Increased selling fees (including eBay) do the same thing.
It's easy not to buy coins you never really liked that much when it becomes harder and more expensive to get most of your money back.
I haven't stopped collecting altogether, but prices has stopped most of my series collecting.
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Only a total collapse of the coin markets.
If we had to switch to digital coins in a computer that would pretty much do it.
Wouldn't that make real coins more collectable?
Nothing
I have plenty of currency both raw and graded. So if setup at show my currency would fill any gaps if my coin inventory sold out. Would just over to coin whiskers table next show
If my coins were stolen I'd be heartbroken enough to probably stop collecting. That's the only thing I can think of.
I'd never be able to replicate my primary collection if this happened.
That's probably the only thing that could/would do it for me as well!
If for some reason if coin shows stoped being a thing. One of the big reasons I actively collect (buy and sell) is the thrill of finding Awesome treasures and making new friend. At the coin show in Manchester, the dealers still remember me from previous shows and we say hi 👋.
Also if my collection got stolen I would too be too heartbroken as well to buy new coins especially since it took me years and thousands of dollars to get to were I am now.
Two things.
If this happened, my incentive to collect coins may be replaced by collecting videos